At all times during the period in which a wireless provider's facilities are located on Village infrastructure, improvements or in right-of-way, the wireless provider shall, at its own sole cost and expense, carry the following insurance coverages:
A. Property insurance for its property's replacement cost against all risks;
B. Workers' Compensation insurance within statutory limits as required by law; and
C. Commercial general liability insurance with respect to its activities on the Village infrastructure, improvements or rights-of-way, including coverage for bodily injury and property damage, with limits not less than:
1. Five million dollars ($5,000,000,000) for bodily injury or death to each person;
2. Five million dollars ($5,000,000,000) for property damage resulting from any one (1) accident; and
3. Five million dollars ($5,000,000,000) for all other types of liability.
The wireless provider shall include the Village as an additional insured on the commercial general liability policy and shall provide certificates of insurance and proof of inclusion of the Village in a commercial general liability policy to the Village prior to the collocation of any small wireless facility, and shall keep updated certificates and proof of inclusion on file with the Village at all times that the provider maintains small wireless facilities within the Village.
D. A wireless provider may self-insure all or a portion of the insurance coverage and limits required by the Village. A wireless provider that self-insures is not required, to the extent of the self-insurance, to comply with the requirement that the Village be named an additional insured. A wireless provider that self-insures shall provide to the Village evidence sufficient to demonstrate its financial ability to self-insure the insurance limits required by the Village. (Ord. 5314, 7-16-18)